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to keep an eye on apple shares today. it dropped below $400 yesterday or the first time in 16 months. the decline came after a chip suppliers forecast led them to start worrying about weakening demand for the iphone and ipad. joining us is gene munster. gene, by the way, also covers google and google will be reporting after the bell tonight. gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs d
congress does something about it, unlikely they will given the mood up there right now. >>> apple by the way, is reporting its quarterly earning with very low expectations. dan is joining us now. what exactly is there problem? >> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon creating great products. we'll be watching the earnings and the guidance. wolf. >> we'll see what happens with apple. >>> coming up, a nike t-shirt with the words boston massacre stayed on sale for days after the bombings. we'll tell you what they're doing about that coming up. ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and reco
with the other issues. the underlying immigration issues are much bigger and deeper than just those. >> apples and oranges, we'll see you in the coming days, thank you, that's all for now, i'm see you back at noon when i'm joined by my panel. until then, follow us on twitter at "now" with alex. "andrea mitchell reports" is next. [ female announcer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless. ♪ from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. ♪ hoo-hoo...hoo-hoo. hoo-hoo hoo. sir... i'll get it together i promise... heeheehee. jimmy: ronny, how happy are folks who save hundreds of dollars switching to geico? ronny:i'd say happier than the pillsbury doughboy on his way to a baking convention. get happy. get geico. fifteen minutes could save you fifteen percent or more.
is officially unveiling a music discovery app today. we have the details before it goes public. the apple has changed the way so many people discover music, giving you several ways to find songs based on twitter activity that will bring the most popular tracks and emerging singers. the new app puts art tests front and center. you can go to their profile to see what they listen to. think of it as maybe like a 21st century mix tape if you will. >> the mix tape. >> by the way, the birthday girl has no idea what a mix tape is. >> i do. maybe a mix cd. >> you don't remember it. >> i got to test it out. i was like, that's kind of cool. i'm following about 63 art tests. i can see who they are following. >> it's pretty cool. >> a great idea. >> did you make mix tapes? >> oh, yes. like the spring break mix tape. the breakup mix tape. the i'm in love mix tape. then you make a tape for your boyfriend and give it to him for him to listen to. >> it's now on your phone. >> there you go. >> would you ever imagine that a tabloid could play cupid? that seems to be the case for gwyneth paltrow. she said they w
, supposedly. >> it's interesting, that's the same thing people said about the shares of apple when they were selling off, that you had to sell your winners to pay for other stuff. >> if you need liquidity, you go where -- >> i think it's more japan than cyprus, don't you think? >> it's more dependent on cyprus? >> no. more japan than cyprus. >> there were rumors that cyprus was selling gold. >> i saw those rumors. >> to get it started, there were so many -- and it was pointed out yesterday, i think i was reading something from peter chip, who loves gold, that when it went up to a thousand or 1200, maybe that was all fundamentally true. but then once it went up to 1200, but then once all the investment guys that were having trouble getting returned in equities, once they saw that there was momentum there, all kinds of investment money went into it to try to chase return. >> but he was saying 1200 is fundamental? that's still down a couple hundred from where it is now. >> there were people saying 1260 people last week saying 800 or 900. >> so does bid coin track gold? >> apparently. apparently
quickly because i know that apple has run. on north korea and the peninsula, i will just repeat again, president park has a new policy called trust politic, and she wants to reach out to the north. she can't do that in the middle of this kind of process. my hope would be that the chinese will come to the table in a way that they never have before. that we can work with the chinese to redefine what's in all of our interests, which is a kind of stability in the peninsula moving north to denuclearization, and ultimately hopefully and integration into the community of nations. based on economic reform, which china, the united states, others could become engaged in. and that could ultimately even open up the possibility of president parks outreach to be able to have an impact. absent china coming to that table, i believe kim jong-un calculates literally calculates that i can get away with anything if china isn't going to hold me accountable. and so that's where we are stuck mr. adam kinzinger. >> thank you, mr. chairman. thank you mr. second your trick since my time as they cut down on wha
nutritionally balanced by adding fresh carrots and apple slices and immediately realized they would not last more than a week. much less the months that the lunchables needs to stay either in the warehouses or the supermarket waiting for someone to buy it. and after, i mean, it became a huge hit. the first year it exceeded, i think it hit $218 million in sales. it was astounding. nobody had expected it to take off like that. they came up with other lunchables including pizza lunchables, hamburgers, hot dogs, all eaten cold by kids. and when they stopped to think about it, they realized that it wasn't the food that the kids were attracted to, it was the badge value, the status symbol of bringing this cute, adorable lunchables to the lunchroom, opening it up, and all your friends gathering around and seeing you put it together and eat it. so -- and they came up with this incredible marketing slogan hitting on that which is for kids, all day you've got to do what they say, but lunchtime is all yours. the marketing power as much as using salt, sugar, fat as ingredients is phenomenal in the indus
Search Results 0 to 6 of about 7